Current Condition of Commercial Banks’ Loan Portfolio
The volume of lending by commercial banks (including loans to non-residents) in March 2017 decreased by 307.4 million GEL or by 1.6 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 1.8 percent) and constituted 18.4 billion GEL by April 1, 2017. The volume of loans in the national currency increased by 396.6 million GEL (5.8 percent) and the volume of loans in foreign currencies decreased by 704.1 million GEL or by 5.9 percent in the same period (as a result of operations, or exchange rate effect excluded, above mentioned indicator decreased by 0.6 percent).
By the end of March 2017, commercial banks issued 2.1 billion GEL worth of national currency-denominated loans (4.6 percent more compared to the previous month), and 6.2 billion GEL worth of foreign currency denominated loans (4.4 percent less) to resident legal entities (exchange rate effect excluded volume of lending in the foreign currency increased by 0.9 percent).
During March 2017 the volume of lending to resident individuals decreased by 0.7 percent or 63.2 million GEL, and constituted 9.3 billion GEL by April 1, 2017.
Larization ratio for total loans constituted 39.07 percent by April 1, 2017. Compared to March 1, 2017 exchange rate effect excluded larization ratio increased by 1.46 percentage point.
statistical information is published on the NBG's website: